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2020-12-31-accounts

I
c
i
The Upper Room Trust
Annual		 I
c
i
The Upper Room Trust
Annual		 I
c
i
The Upper Room Trust
Annual		 accounts accounts accounts for the Charity
(ifany)
eriod		 Charity
(ifany)
eriod		 No 625948 CC17a CC17a CC17a
Period end
Period start date , 01/01/2020 To date 31/12/2020
a
~
Restricted
Recommended
categories by activity
Details ofown
analysis		 Unrestricted
funda
f		 income
funds		 Endowment
funds		 Total this
yearf		 Total last
year
p
Incoming resources (Note 3 F01 F02 F03 F04 F05
Incoming resources from
generated funds
Voluntary
income
Donations		 S01 120 100,000 "'.100'1201 1,320
Activities for generating
funds		 S02
Investmenl
income		 S03
Incoming resources from
charitable activities
Other incoming resources
Gift Aid
Total lncomlny resources		 S04
SOS
sos		 120 25,000
125000		 vf~
- .:25;000'.'-
150
'125-.120" :=-' '1470
Resources expended
(Notes 4-8)
Costs of Generating
Funds
Costs ofgenerating
voluntary
income		 S07
Fundraising
trading costs
investment
management
coals		 S09
Charitable activities S10 4,031 ;4"031 1,989
Governance costs S11
Other resources expended
Total resources expended		 S12
sts		 4 031 -.=-' .. 1989
Net /ncom/nyl(outgo/ny
) resources before
transfers		 s14 -, ,"-; .3;911- ':-'-I25,000 121~~089 519
..Gross transfefe&etween
funds
Net /ncominy/(outgoing)
resources before
other recognised ga/nsl(losses)		 sts ' 3911 125000 —121'089. -"'i-.-:& 519
Other recognised
gains/(losses)
Gains and losses on revaluation
offixed assets
for the charity's
own use		 S17
Gains and losses on investment
assets		 S18
Net movement
in funds		 stg 3,911 125,000 121089 519
Total funds brought forward S20 601,338 601,338 601,857
Total funds carried forward s21 597427 ' 125000 ,722-427'-' 601338
~
e
r		 r r
Restricted
S
z		 Unrestricted
funds		 income
funds		 Endowment
funds		 Total this
year		 Total last
year
E F
Fixed assets
Tangible assets
(Note 9)		 801 F01
586,500		 F02 F03 F04
586,500		 FOS
586,500
802
Investments
(Note 10)
Total fixed assets		 803
804		 586,5 0 5 6,500 586,500
Current assets
Stock and work in progress
Debtors
(Note 11)		 805
808		 6,634 25,000 31,634 11,509
(Short term) investments
Cash at bank and in hand
Total current assets		 807
808
809		 ,94
1,575		 0,000
,00		 , 75 3,617
15,126
Creditors;
amounts
falling due within
one year
(Note 12)		 810 64S 648 288
Net current assetsl(liabilities) 8« 0/927:.', ' 25~0 13 14,838
Total assets less current liabilities 812 :601:,338
Creditors: amounts
falling due after
one year
(Note 12)		 813
Provisions for liabilities and charges e14
Net assets 815 '5:-+R7. '-:- ',.:.24" .00,;,'- &, 27 - ' 601-,338:
Funds ofthe Charity
Unrestricted
funds		 818 597,487 597,487 601,338
817
Restricted income funds (Note 13) 818 125,000 125,000
Endowment
funds
(Note 13)		 819
Total funds e20 .':;597-',. 97 .'--:.':„'=;. ;000:, ,':, .:;:
. '-'':-'='		 ': .7, .„-'. ,?;:;; «=.-;-50$,838-.
Signed by one ortwo trustees on behalf of all Signature Print Name Date of
a
roval
the trustees JOA4 i Mmm788u'-Q I
I 2.2.

Note 2
Accounting
policies
This standard list ofaccounting policies has been applied by the charity except forthose delefed.
yyhere a differen
additional policy has been adopted then this is detailed in the box below.		 Note 2
Accounting
policies
This standard list ofaccounting policies has been applied by the charity except forthose delefed.
yyhere a differen
additional policy has been adopted then this is detailed in the box below.		 Note 2
Accounting
policies
This standard list ofaccounting policies has been applied by the charity except forthose delefed.
yyhere a differen
additional policy has been adopted then this is detailed in the box below.		 or
INCOMING RESOURCES
Recognition ofincoming
These are included
in the Statement ofFinancial Activities (SoFA)when:
resources
~
the charily becomes entitled to the resources;
~
the trustees are virtually
certain they will receive the resources; and
~
the monetary
value can be measured
with sufficient
reliability.
Incoming
resources with
related expenditure
Grants and donations		 Where incoming resources have related expenditure
(as with fundraising
orcontract income)
the incoming resources and related expenditure
are reporled gross in the SoFA.
Grants and donations sre only included
in the SoFA when the charity has unconditional
entitlement
lo the resources.
Tax reclaims on donations Incoming resources
from tax reclaims are included
in the SoFA at the same time as the gift		 to
and gifts
Contractual
income and		 which they relate.
This is only included
in the SoFA once the related goods or services have been delivered.
performance
related grants		 Gifts in kind are accounted for ata reasonable
estimate oftheir value to the charity or the
Gifts in kind amount actually realised.
GNs in kind for sale or distribution
are included
in the accounts as gifts only when sold or
distributed
by the charity.
Gifts in kind for use by the charity are Included
in the SoFAas incoming resources when
receivable.
Donated services and
facilities		 These are only included
in incoming resources
(with an equivalent
amount
in resources
expended)
where the benefit to the charity is reasonably
quantifiable,
measurable
and material.
The value placed on these resources is the estimated
value to the charity ofthe service or
facility received,
Volunteer help The value ofany voluntary
help received is not included
in the accounts but is described
in lhe
trustees'
annual
report,
Investment
income		 This is included
in the accounts when receivable.
investment
gains and losses		 This includes any gain orloss on the sale ofinvestments
and any gain or loss resulting
from
revaluing
investments
to market value atthe end ofthe year.
EXPENDITURE AND
Liability recognition		 LIABILITIES
Liabilities are recognised as soon as there is a legal or constructive
obligation
commiiting		 the
Governance costs charity to pay out resources.
Include costs ofthe preparation
and examination
ofstatutory accounts, the costs oftrustee
meetings
and cost of any legal advice to trustees on governance
or constitutional
matters.
Grants with performance
conditions		 Wham the charity gives agrant with conditions
for its payment being a specific level ofservice
or output to be provkled, such grants are only recognised
in the SoFA once the redpient ofthe
grant has provided the specified service oroutput,
Grants payable without
performance
conditions
SupportCosta		 These are only recognised
in the accounts when a commitment
has been made and Ihere are
no conditions
tobe met relating to the grant which remain
in the control of the charily.
Support costa indude central functions and have been allocated to activity coat categories on a
basis consistent
wiih the use of resources, eg allocating
property costs by floor areas, orper
capita, staff costs by the time spent and other costs by their usage.
~
ASSETS
Tangible fixed assets for
by charity
Investments		 use These are capitalised
ifthey can be used for more than one year, and costat least R500. They
are valued atcost or a reasonable
value on receipt.
Investments
quoted on a recognised stock exchange are valued at market value at the year
end. Other investment
assets are included at trustees' best estimate ofmarket value,
Stocks and work in progress These are valued at the lower ofcost or market value.
POLICIES ADOPTED
ADDITIONAL TO OR
DIFFERENT FROIIII THOSE
ABOVE
Note 3
Incoming		 Analysis ofincoming resources
resources may be further analysed lfthis would help the reader ofthe accounts.
This year		 Analysis ofincoming resources
resources may be further analysed lfthis would help the reader ofthe accounts.
This year		 Analysis ofincoming resources
resources may be further analysed lfthis would help the reader ofthe accounts.
This year		 Analysis ofincoming resources
resources may be further analysed lfthis would help the reader ofthe accounts.
This year		 Analysis ofincoming resources
resources may be further analysed lfthis would help the reader ofthe accounts.
This year		 Analysis ofincoming resources
resources may be further analysed lfthis would help the reader ofthe accounts.
This year		 Analysis ofincoming resources
resources may be further analysed lfthis would help the reader ofthe accounts.
This year		 Lastyear
Anal sis 120 1,320
Voluntary income Donations
Donations		 unrestricted
restricted		 100,000
Total 100,120 .1,320
Activities for generating funds
Total
Investment income
Total
25000 160
Incoming
charitable		 resources from
activities		 Gift Aid receivable
Total ' 26000",::.:-":==-"150
Note 4
Resources		 expended expended Analysis of resources expended
may be further analysed
Ifthis would help		 Analysis of resources expended
may be further analysed
Ifthis would help		 Analysis of resources expended
may be further analysed
Ifthis would help		 Analysis of resources expended
may be further analysed
Ifthis would help		 the reader ofthe accounts.
This year		 Last year year
Anal sls E
Costs of generating
voluntary Income
Total
Fundralslng trading
costs
Total
Investment
managitnent costs
Total
Charitable activities Utiiil
costs - tele hone
Re airs
Insurancee
Accounlanc
fees		 312
750
2609		 1 308
268
136
288
Total 4,031",~'..' -«P1;-990
Governance costs
Total a~Rf 5'Ty
Fundralslng activity Charitable Activity Governance
R		 Activity Total Cost
f
Su ort cost e
Total .';..—.=. —.-=..

This year Last year
None None
services pr
 ovided by you
 r indepe ndent
examiner or auditor.
Ifnot		 ing was pa p
appropriate box(es). This year Lastyear
g
independent examiner's or auditors' fees for reporting on the 360 288
accounts
Other fees (for example: advice,
services} paid tothe independent		 consultancy,
accountancy
examiner or auditor
91Costorvaluat ion
. Freehold land
&buildings		 Other land
buildings		 & Plant,
machinery
and motor
vehicles		 Fixtures,
fittings and
equipment		 Payments
on
accountand
assets under
construction		 Total
Balance brought 586,500 ; 586;500,
forward
Additions
Revaluations
Disposals
Transfers *
Balance carried		 4~586;500.- &.~~;-~-.'- g@~~-,P, 586",500:
forward
8.2 Accumulated depreciation and Impairment provisions
"*Basis SLor RB SLor RB SLor RB SLor RB SL or RB
**Rate
Balance brought
forward
Depreciation
charge
for year
Impairment
provisions
Revaluations
Disposais
Transfers*
Balance carried
forward
8.3Net book value
Broughtforward:,
Carried forward		 :
.',
'.:.':";",:
-;.=-586;-+50„:,.
' .-,---:-;;. -'-:-,-:,-,-,:.
"-:,'-.'.:- '
-
-,-.
.
'-;--:=:.-&, ;=.
-'-'-.',~58B;500'
-';~M:-:-..@g-'-:586;500~,-':~~~~ .;=-@~~~~~~,"~~~586';50~0'
8.4 Revaluation
Ifany fixed assets have been revalued please		 give details ofthe valuer and method ofvaluation

Carrying
(market) value at beginning
of year
Add: additions to investments
at cost
Less: disposals at carrying value
Addi(deduct):
net gain/(loss)
on revaluation
Carrying
(market) value at end ofyear

10.3 A breakdown
ofthe Income		 10.3 A breakdown
ofthe Income		 fro m investments agreeing
with SOFA row		 S03.
Analysis of Investments 10.2
Market value at		 10.3
Income from
year end investments for
the year
R
Investment properties
Investments listed on a recognised stock exchange or held In common
Investment funds, open ended Investment oompanies, unit trusts or other
collective Investment
schemes
Investments in subsidiary
orconnected		 undertakings and companies
Securities not listed on a recognised Stock Exchange
Cash held as part ofthe investment portfolio
Other investments
Total

Note 11 Debtors and prepayments Debtors and prepayments Debtors and prepayments
Please complete this note ifthe charity has any debtors or re a ments
Analysis ofdebtors Amounts
within		 falling due
one year		 Amounts
more		 falling due after
than one year
This year Last year This year Last year
R R
Trade debtors
Amounts
due		 from subsidiary and associated
undertakings
Other debtors
Prepayments and accrued income 6,634 11,508
Total
Note 12 Creditors and accruals
Please complete this note ifthe charity has any creditors or accruals.
12.1Analysis ofcreditors
Amounts falling due Amounts falling due after
within one year more than one ear
This year Last year This year Last year
E R
Loans and overdrafts
Trade creditors
Amounts
due		 to subsidiary and associated
undertakings
Other creditors
Accruals and deferred Income Total .. 648 '. "-: 288
2

~ restricted incom e funds, i ncluding
special tr		 u sts, ofthe c sts, ofthe c harity (R). harity (R).
orR Purpose and Restrictions
Building repair and Tofund necessary building repairs and maintenance
maintenance fund
13.2Movements ofmajor funds
Please give details ofthe movements		 ofthe major funds summarlsed in the restricted and endowment
columns of the Statement ofFinancial Activities.
und
balances
brought
forward		 Incoming
resources		 Outgoing
resources		 Transfers gains and
losses		 un
balances
carried
forward
Fund names FJ R f. R R R
Building repair and 125000 ~~4425 000
maintenance fund
Total Funds 125,000 ~I25',000

other relat ed parties by the charity orany in stitution
orcom		 pan y connecte with it.
Amounts paid or benefit value
Name oftrustee or connected party Legal authority
(eg order,
governing
document)		 This year
E		 Last year
R
None

charity atthe year en d.
Amount owing
Name oftrustee or
connected
party		 Legal authority This year
R		 Lastyear
R
Due totrustees and None
related parties
Due from trustees None
and related parties
Pleise give d
related party		 etails ofany transaction
undertake
has amaterial Interest.		 n
by (or on behalf of) the c		 harIty In which a rustee or
Name ofthe
or related		 trustee
art
Relationship to
charit		 Description of the
transaction s		 This year Last year
R
NIA